Le Plateau-Mont-Royal plex market — June 2025
Based on 8 actual sales · CourtiConnect
Market context: plex in Le Plateau-Mont-Royal
The plex market in Le Plateau-Mont-Royal recorded eight sales in June 2025, establishing a median price of $1,890,000 for the neighbourhood. This figure sits notably higher than the broader Montréal plex market, which recorded a median of $1,205,000 across 142 sales over the trailing twelve months, placing Le Plateau-Mont-Royal at a 56.8 per cent premium to the city as a whole. The significant price differential reflects the neighbourhood's established desirability, architectural character, and central location within the urban fabric. Properties in Le Plateau-Mont-Royal spent an average of 127 days on the market during this period, a timeline that suggests a measured sales pace rather than rapid turnover. This duration indicates neither an overheated market nor sluggish demand, but rather a balanced environment where buyers and sellers take adequate time to evaluate opportunities and negotiate terms. The pace allows for thorough due diligence and represents a natural rhythm for a neighbourhood of this price point and buyer profile. Among the documented sales where asking-price data was available, the average sale-to-asking price ratio was 0.977, calculated across five transactions. This ratio, sitting just below parity, signals that sellers in the neighbourhood generally achieved prices close to their asking figures, though typically with modest reductions negotiated during the sale process. The finding applies specifically to the documented sales within this dataset and suggests relatively balanced negotiating dynamics between buyers and sellers. Sales concluded without a legal warranty of quality accounted for 75 per cent of the eight transactions recorded in June 2025. This proportion reflects a standard practice in the plex market where purchasers conduct their own inspections and due diligence as part of the acquisition process, a customary step in evaluating older residential buildings before finalizing a purchase. For buyers entering the Le Plateau-Mont-Royal plex market, the median price of $1,890,000 and average time-on-market of 127 days provide useful benchmarks for planning timelines and budgets. Sellers should recognize that the neighbourhood's premium positioning relative to Montréal broadly offers strong market fundamentals, though pricing should remain aligned with comparable properties and current conditions. To explore valuations for specific properties in Le Plateau-Mont-Royal or assess individual plex listings with current data, the real estate estimator offers a practical starting point for further analysis.